Studio Havilah 📸 🇬🇭

I take pictures 📸 or something like that.
StudioHavilah | LiteTwilight | Portraits

[Studio Havilah 📸 🇬🇭 @iamdupeh]

I prefer development in dictatorship to impoverishment in freedom.

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@investbamboo How is it that you are not able to respond to messages even after three days? I’ve been looking to create an NGX account but I keep facing challenges. How can you assist me?

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@ID_TheBroker @mistameister Where everyone is the guests or the facility??? Is the internal policy still viable for two adult couples of the opposite gender?

[Studio Havilah 📸 🇬🇭 @iamdupeh]

What has happened to MIIF since?

[Benjamin Boakye @benboakye]

Why President Mahama Should Not Disappoint on MIIF

1.The Mineral Income Investment Fund (MIIF) was created to facilitate the Agyapa Royalty Investments—a concept masterminded by Ken Ofori-Atta and Adu Boahen to sell Ghana’s gold royalties on the London Stock Exchange.

https://t.co/dIMgin9VWH the time the MIIF Act was passed, Parliament was unaware of the true intentions behind it—the Agyapa transaction. However, the sponsors and their numerous allies, including lawyers and financial engineers, knew exactly what they were doing: valuing Ghana’s royalties from the 48 most promising mining concessions at $1 billion and offloading 51% of that value on the stock market for around $500 million.

3.We wrote a paper to highlight the distinctiveness of state royalties, arguing that it was unconscionable to treat them like any royalty streaming business. We also pointed out the flaws in assuming definite numbers for mineral deposits, including those still under exploration—the fact that the investor position and the state position are different in natural resource valuation; Investors have time limits to mineral deposits and states maintain perpetual ownership.

https://t.co/bER3QUGIYw. Ofori-Atta reduced any disagreement to ideological opposition, showing his determination to push the plan forward regardless of the objections.

5.Thankfully, Ghanaians united to resist the implementation of the Agyapa transaction— perhaps saved by the election bells in 2020.

6.Since the programme was aborted, Ghana has received $1.08 billion in royalties, of which 80% ($865.5 million) would have been tied up in the Agyapa deal in just four years and the rest of Ghana’s gold royalties in perpetuity. This starkly illustrates the poor judgment that went into the decision to sell Ghana’s gold royalties.

7.With Agyapa aborted, MIIF, the father of Agyapa, maintained control over the resources for its investment rather than direct development expenditure of that critical share of Ghana’s gold resources.

8.The royalties paid by gold-producing companies are now declared as revenue for MIIF—no effort required. MIIF’s executives are free to hold press conferences to tout their “stellar” performance when the direct efforts of gold producers generate the royalties.

9.While the government decimated the investments of citizens and external creditors through haircuts, MIIF remains a wealthy entity with billions of cedis in cash reserves. It funds school reunions, political events, the construction of astroturfs, politically connected small-scale mining operations, and various other investments, besides the huge administrative overheads.

10. Civil society organizations (CSOs) that fought against the Agyapa deal expect that the John Dramani Mahama (JDM) government will reverse this unfortunate situation and free up cash for development.

11. Prior to recent appointments at MIIF, some compromises were suggested by leading figures in the ruling government: one, a merger of MIIF and the Ghana Infrastructure Investment Fund (GIIF) to streamline the funds and create a more purposeful development fund; and two, capping the total allocation to MIIF/GIIF at a maximum amount (e.g., $5 billion), after which all royalties would revert to the national budget. In essence, to treat allocation to the funds as equity of the state.

12. The current situation—where ineffective funds divert resources from the national budget for discretionary abuse by agencies—entrenches inequality and ignores the fundamental challenges facing the country: poor water supply, inadequate schools, a struggling healthcare system, while MIIF remains rich and reckless.

13. As we examine the books of MIIF, the nation would be left wondering if this was/is a sovereign wealth fund or financial banditry with zero risk appetite hitherto possible in sci-fi movies.

14. The blessings of natural resources must be spent to improve lives — love your people.

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@princedormenyo1 @I_am_FFB @edgar_himself @the_law_himself @__theSeyram @n_friggo @GeorgeAnagli @AkFredrick_ Happy birthday 🎂

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@barkervogues I believe the police officer withdrew his motion so the court couldn’t have done otherwise.

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@NoahAdamtey [email protected]

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@Kay_Elikem Fine brother

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@efamadedzi I was surprised to find out that theirs existed few years prior to the formation of our country’s.

[Studio Havilah 📸 🇬🇭 @iamdupeh]

Refreshing.

[Justice Srem-Sai @JusticeSremSai]

Comrade, you’ve made me very emotional this morning 🥹🥹🥹 (particularly, now that I’ll be the one who’ll be prosecuting you for singlehandedly plotting to overthrow President Akufo Addo’s administration, and for “unlawfully” assembling against galamsey, and for driving against road-markings while on your way to a treason trial, and … 😅). Thanks for the kind words. You’re a consummate intellectual. 🫡

[Studio Havilah 📸 🇬🇭 @iamdupeh]

Don’t overdo yourself. Be measured in your expectations and calls.

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@yaw_bossman https://t.co/lhHDKx9QAV

[Studio Havilah 📸 🇬🇭 @iamdupeh]

Before Icy Cup, we did have our regular Tech Yoghurt which came will loads and pancakes, affordable at a liter or half. The Icy Cup Franchise actually spiked the prices and turned it into a high end brand.

[Studio Havilah 📸 🇬🇭 @iamdupeh]

Before Icy Cup, we did have our regular Tech Yoghurt which came will loads and pancakes, affordable at a liter or half. The Icy Cup Franchise actually spiked the prices and turned it into a high end brand.

[Bossman @yaw_bossman]

Once upon a time in KNUST, Icy cup ruled.

[Office of the Special Prosecutor-Ghana @ospghana]

The OSP’s Half-Yearly Report for July–December 2024 is now available on our website. We invite you to read the report for insights into our investigations, prosecutions, and anti-corruption initiatives:
https://t.co/ULTCrWzU0q.

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@GhLawTrends President Elect is a term of law. To the extend that he must designate officers under the transition act. Notice of post-dated appointments is not tantamount to appointment letters.

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@gabanor45 @CheEsquire Re-colonizing??? When did they ever colonize Ghana? Let’s be graceful with our words…. There are many tribes winning seats away from their home regions but it never raises the need for discussion but you hear a Ewe name and default to the possibility of colonizing??? Come on

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@princedormenyo1 We aren’t reinventing any wheel. KNUST won’t be the first or last to provide such terms. There are ways of retrieving these funds including but not limited to withholding learners’ results. This is fair.

[Studio Havilah 📸 🇬🇭 @iamdupeh]

@Mummys4ever @barkervogues If we have more women than men, and appointments are made and of ten, only one is a woman, what will come to your mind if the only excuse is competency? Look, we needn’t drag it. The number of very well trained, qualified and experienced women found in both parties negates that.

[Studio Havilah 📸 🇬🇭 @iamdupeh]

147K?? 🔥

[KALYJAY @gyaigyimii]

join us here 74,000 views https://t.co/rEo2GIzzoC